FOREX.com vs Sony Bank: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFOREX.comSony Bank
Licence Score86Very strong60Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record71
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada Licensed—
2 CySEC Cyprus Licensed—
Founded20012001
HeadquartersUnited StatesJapan
TypeForex & CFD brokerTrading bank
Publicly listedNASDAQ:SNEXNo
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositUS$100—
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Frequently asked questions

Is FOREX.com or Sony Bank better regulated?

FOREX.com has the higher Licence Score (86 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and Sony Bank?

Both are matched to licences from JFSA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.